Recent price movement review.

XRP has performed relatively steadily recently, with only a slight pullback of about 0.3% this week.

Against the backdrop of slight selling pressure facing most crypto assets, XRP remains stable in the key support area, providing some support for market sentiment.

Currently, there are no clear breakout signals, but from the short-term charts, XRP is showing a structural trend of 'higher highs and higher lows,' revealing potential positive signals.

The pullback may be nearing its end.

After testing resistance levels of $2.22 and $2.36, XRP has pulled back and is currently stabilizing at $2.13.

This pullback is viewed as a phase adjustment. As long as the price stays above $2.00, the technical analysis still supports a mid-term bullish logic.

The bullish structure is complete, and the long-term target is clear.

XRP is currently at the tail end of the fifth wave structure, which is one of the key phases in wave theory that may trigger significant upward movements.

If the structure is established, XRP will first rise to $3.00, and then may aim for mid-term targets of $4.40 or even $6.30.

Short-term resistance and key support.

In the short term, the main resistance level that the market is focusing on is $2.25. If this level is effectively broken, it may trigger a new round of upward momentum.

Conversely, if the downward trend continues, $1.88 will become an important defensive line.

If this level is lost, it will significantly weaken the current bullish structure.

Market sentiment remains divided.

Although some analysts have positive expectations for XRP, there are also cautious voices in the market.

Some analysts point out that XRP's price movement is currently fluctuating, lacking clear signs of momentum release, and the overall trend remains unclear.

Therefore, investors need to maintain flexible strategies when participating, paying attention to breakthroughs or pullbacks in key price ranges.

Summary and recommendations.

XRP is currently in a critical technical structure phase. Although a breakthrough has not yet been established, the foundation for an upward movement is being built.

In the short term, $2.25 and $2.00 constitute key resistance and support levels, respectively. Investors should closely monitor their operating conditions to determine clear signals of market direction.